EIN 23-7268394

International City Management Association Retirement Corporation (ICMARC)

IRS 501(c) type
501(c)(3)
Num. employees
999
Year formed
1972
Most recent tax filings
2020-12-01
Description
ICMA-RC's mission is to help building retirement security for public employees.It all began when the International City/County Management Association (ICMA) had the vision to create an organization dedicated to the retirement needs of public sector employees, and thus ICMA-RC was formed. ICMA-RC was founded to provide portable retirement benefits for city and county managers, enabling accumulated retirement assets to be transferred between employers. Today, ICMA-RC serves more than a million participant accounts and about 9,000 plans across the country.
Total revenues
$249,374,685
2020
Total expenses
$221,903,207
2020
Total assets
$583,812,371
2020
Num. employees
999
2020

Program areas at ICMARC

The Corporation provided plan administration, asset Management, and Retirement education and planning services to 4,744 state and local government employers offering 9,882 Retirement plans with 1,483,556 public sector employee Retirement accounts.

Grants made by ICMARC

GranteeGrant descriptionAmount
The Center for State and Local Government ExcellenceSee Part Iv$1,141,713
Icma RC Public Employee Memorial Scholarship FundSee Part Iv$43,880
Habitat for Humanity Metro MarylandSee Part Iv$10,000
...and 1 more grant made

Who funds International City Management Association Retirement Corporation (ICMARC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Center for State and Local Government ExcellenceTransfer of Net Assets$794,954

Personnel at ICMARC

NameTitleCompensation
Lynne FordChief Executive Officer and President / President and Chief Executive Officer and Director As of 11 and 4 and 19$100,409
Dai ShiSenior Vice President , Chief Financial Officer
Wayne WickerSenior Vice President and Chief Investment Officer , Missionsquare Investments and Missionsquare Retirement$2,047,750
Sheri GilchristSenior Vice President , Chief Marketing Officer
Les McCollumManaging Vice President and Chief Information Security Officer
...and 18 more key personnel

Financials for ICMARC

RevenuesFYE 12/2020
Total grants, contributions, etc.$0
Program services$230,250,430
Investment income and dividends$9,656,319
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$9,282,740
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$185,196
Total revenues$249,374,685

Form 990s for ICMARC

Fiscal year endingDate received by IRSFormPDF link
2019-122021-03-01990View PDF
2018-122020-01-27990View PDF
2017-122019-02-21990View PDF
2016-122018-01-18990View PDF
2015-122017-04-04990View PDF
...and 11 more Form 990s

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Carnegie Endowment for International PeaceWashington, DC$73,160,068
The Pew Charitable Trusts (Pew)Philadelphia, PA$346,765,756
The Aspen InstituteWashington, DC$151,262,821
The Heritage FoundationWashington, DC$119,134,479
Alzheimer's AssociationChicago, IL$404,526,641
Consumer Reports (CR)Yonkers, NY$275,552,561
ActIowa City, IA$240,694,476
Educational Testing Service (ETS)Princeton, NJ$1,027,876,335
Data update history
October 16, 2022
Updated personnel
Identified 3 new personnel
March 30, 2022
Received grants
Identified 1 new grant, including a grant for $794,954 from The Center for State and Local Government Excellence
November 7, 2021
Updated personnel
Identified 7 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
April 29, 2021
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Mutual assistance organizationsHeadquarter / parent organizationsCharities
Issues
Public policy
Characteristics
Political advocacyLobbyingOperates internationallyNational levelTax deductible donations
General information
Address
777 N Capitol St Ne Suite 600-ta
Washington, DC 20002
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Phone
(202) 962-4600
IRS details
EIN
23-7268394
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Y30: Pension and Retirement Funds
NAICS code, primary
525110: Pension Funds
Parent/child status
Central organization
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